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 [ Village Bank ]

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The bank is created through the three following activities:

a) Planting trees (Baht 600,000)
b) Proceeds earned from the Boat Bank (Baht 1,250,000)
c) Funds paid back from the Women’s Economic Empowerment and Income Generation revolving loans (Baht 1,200,000).

The three abovementioned activities will contribute a total of Baht 3,050,000 – 65% of the budget required per village – to the bank for future community projects designed by the communities themselves. One of the aims of the bank is to mobilize savings, the absence of which made the damage of the tsunami felt even more by the affected families. Villagers can borrow from this fund to further rebuild and expand their businesses. Elected villagers, 50% of which will be women, will be trained to manage affairs of the bank.

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